Midland, MI County is a great place to live with its low rent costs and low grocery cost index. The average two bedroom rent in Midland is $980 compared to the US average of $1,430. The county also has an Grocery Cost Index of 92 versus the US’s 100. Local companies such as Dow Chemical and The Dow Corning Corporation provide a wide range of products and services such as chemicals, construction materials, silicones, packaging films and more. Consumers Energy, another major employer in Midland, provides electricity and natural gas to homes and businesses across Michigan. Other local companies like MidMichigan Health offer excellent medical care throughout the community.
Midland County has an unemployment rate of 5.2%. The US average is 6.0%.
Midland County has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 19.8%, which is lower than the US average of 33.5%.
Tax Rates for Midland County
- The Sales Tax Rate for Midland County is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Midland County is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Midland County
- The average income of a Midland County resident is $29,408 a year. The US average is $28,555 a year.
- The Median household income of a Midland County resident is $67,642 a year. The US average is $69,021 a year.